Monthly Rent Report
Gramercy Park Rent Report — October 2023
Asking rents in ZIP 90047, Los Angeles, from 59 listings.
Median 1BR rent in Gramercy Park was $2,395 in October 2023, up 45.6% (+$750) from September 2023 and up 45.6% year-over-year. The middle half of 1BR listings asked between $2,395 and $2,395. That puts Gramercy Park $398 above the Los Angeles citywide 1BR median of $1,998. The month's figures are based on 59 listings across 12 bedroom categories.
Median Rent by Bedroom Count
| Bedrooms | Median | Vs. September 2023 | Vs. October 2022 | P25–P75 Range | Listings |
|---|---|---|---|---|---|
| Studio | $1,600 | −$240 (-13.0%) | +$50 (+3.2%) | $1,525 – $1,999 | 6 |
| Studio | $1,600 | −$240 (-13.0%) | +$50 (+3.2%) | $1,398 – $1,800 | 11 |
| 1BR | $2,395 | +$750 (+45.6%) | +$750 (+45.6%) | $2,395 – $2,395 | 3 |
| 1BR | $1,700 | +$55 (+3.3%) | +$55 (+3.3%) | $1,700 – $1,700 | 1 |
| 2BR | $2,095 | −$1,805 (-46.3%) | −$305 (-12.7%) | $2,060 – $2,250 | 11 |
| 2BR | $1,895 | −$2,005 (-51.4%) | −$505 (-21.0%) | $1,895 – $1,895 | 1 |
| 3BR | $3,915 | +$1,070 (+37.6%) | +$915 (+30.5%) | $3,499 – $3,915 | 17 |
| 3BR | $3,599 | +$754 (+26.5%) | +$599 (+20.0%) | $3,599 – $3,599 | 1 |
| 4BR | $3,900 | −$4,600 (-54.1%) | +$605 (+18.4%) | $3,575 – $3,900 | 3 |
| 4BR | $3,900 | −$4,600 (-54.1%) | +$605 (+18.4%) | $3,900 – $3,900 | 1 |
Median, P25, and P75 are asking rents from listings posted in October 2023. Changes compare against the nearest prior month with data.
Gramercy Park vs. Los Angeles — October 2023
| Bedrooms | Gramercy Park Median | Los Angeles Citywide Median | Difference |
|---|---|---|---|
| Studio | $1,600 | $1,700 | −$100 (-5.9%) |
| Studio | $1,600 | $1,700 | −$100 (-5.9%) |
| 1BR | $2,395 | $1,998 | +$398 (+19.9%) |
| 1BR | $1,700 | $1,998 | −$297 (-14.9%) |
| 2BR | $2,095 | $2,750 | −$655 (-23.8%) |
| 2BR | $1,895 | $2,750 | −$855 (-31.1%) |
| 3BR | $3,915 | $4,195 | −$280 (-6.7%) |
| 3BR | $3,599 | $4,195 | −$596 (-14.2%) |
| 4BR | $3,900 | $5,275 | −$1,375 (-26.1%) |
| 4BR | $3,900 | $5,275 | −$1,375 (-26.1%) |
Citywide figure is the median of zip-level medians across 133 Los Angeles zip codes with listings in October 2023.